Egypt has announced 120 new cases of Covid-19, the deadly disease caused by coronavirus, its highest one-day tally since the first case was confirmed nearly two months ago.
The latest figure took the number of confirmed Covid-19 cases to 985.
Officials have warned that reaching the 1,000-case threshold would make it difficult to locate and test individuals who have been in contact with infected people, and that the number from then would increase dramatically, reaching 2,500 within two or three days.
Of the 985 confirmed cases, a total of 296 have either been treated and released from hospital or tested negative after initially testing positive.
Also on Friday, authorities raised the death toll from the disease by eight, taking it up to 66.
No lockdown yet
The threat of coronavirus to Egypt is compounded by the concentration of its 100 million population on less than 10 per cent of its land, and a public health sector that has, until recently, suffered from decades of neglect.
Seeking to reassure the public, officials have said only six quarantine hospitals have so far been used and that nearly 30 more had been readied to accommodate the expected increase in cases.
Private hospitals would join the national effort to contain the outbreak, while hotels and schools were being equipped to operate as hospitals, they said.
To limit the spread of the virus, the government has imposed a night-time curfew, halted international flights, and closed education institutions, places of worship, restaurants, cinemas and other public gathering places.
The authorities also called on people to observe precautions such as maintaining a distance and avoiding going outside as much as possible, sending out the message through radio and TV spots and on street billboards.
However, some Egyptians have taken a casual attitude towards the health threat, as seen when thousands flocked to beaches on the Red Sea and the Mediterranean, prompting authorities to close them.
The government has not yet suggested a complete lockdown, but some officials have hinted at harsher measures if the situation gets worse.
The government has additionally announced an economic stimulus package and pledged an additional 1 billion Egyptian pounds (Dh233.25 million) to the health sector.
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Review: Tomb Raider
Dir: Roar Uthaug
Starring: Alicia Vikander, Dominic West, Daniel Wu, Walter Goggins
two stars
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
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The specs: 2019 Mini Cooper
Price, base: Dh141,740 (three-door) / Dh165,900 (five-door)
Engine: 1.5-litre four-cylinder (Cooper) / 2.0-litre four-cylinder (Cooper S)
Power: 136hp @ 4,500rpm (Cooper) / 192hp @ 5,000rpm (Cooper S)
Torque: 220Nm @ 1,480rpm (Cooper) / 280Nm @ 1,350rpm (Cooper S)
Transmission: Seven-speed automatic
Fuel consumption, combined: 4.8L to 5.4L / 100km
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Match info
Uefa Champions League Group C
Liverpool v Napoli, midnight
Checks continue
A High Court judge issued an interim order on Friday suspending a decision by Agriculture Minister Edwin Poots to direct a stop to Brexit agri-food checks at Northern Ireland ports.
Mr Justice Colton said he was making the temporary direction until a judicial review of the minister's unilateral action this week to order a halt to port checks that are required under the Northern Ireland Protocol.
Civil servants have yet to implement the instruction, pending legal clarity on their obligations, and checks are continuing.
Reading List
Practitioners of mindful eating recommend the following books to get you started:
Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung
How to Eat by Thich Nhat Hanh
The Mindful Diet by Dr Ruth Wolever
Mindful Eating by Dr Jan Bays
How to Raise a Mindful Eaterby Maryann Jacobsen
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The specs: Hyundai Ionic Hybrid
Price, base: Dh117,000 (estimate)
Engine: 1.6L four-cylinder, with 1.56kWh battery
Transmission: Six-speed automatic
Power: 105hp (engine), plus 43.5hp (battery)
Torque: 147Nm (engine), plus 170Nm (battery)
Fuel economy, combined: 3.4L / 100km
UAE currency: the story behind the money in your pockets